Yeshiva Gedolah Keren Hatorah Inc

Analysis

Yeshiva Gedolah Keren Hatorah Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Yeshiva Gedolah Keren Hatorah Inc reported income of $4.6m and spending of $3.5m, leaving 25% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $2.5m to $4.6m (+84%), an average of +16% a year. The sharpest change came in the year to July 2021, when income rose by 30%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Yeshiva Gedolah Keren Hatorah Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include Rhema for the Nations Inc ($4.6m), Enlace Christian Television Inc ($4.6m) and Moving Traditions ($4.6m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $89k (2.5% of expenses). Other salaries and wages came to $861k. At year end it held assets of $9.3m against liabilities of $5.6m, net assets of $3.7m. It reported 26 employees.